The price of fused magnesia stabilizes and the export market is getting better

The domestic magnesia market has gradually stabilized, and the international export market has gradually improved. Due to the impact of the epidemic, in the first half of the year, both domestic and overseas, the macro economy and the magnesia industry have been greatly impacted. The fused magnesia manufacturers have made domestic sales difficult, and export sales have been hindered, but the magnesium industry has been persisting and working hard. , Now that the domestic epidemic is effectively controlled, and the foreign market is gradually recovering, there is hope if you persist.

According to the research market, the magnesia enterprises that have stopped production and reduced production before have not fully recovered, the domestic market demand is limited, and some downstream iron and steel enterprises are in the process of asset restructuring; the market inventory of mid-range magnesia, high-purity magnesia and dicalcium fused magnesia has decreased. However, the inventory of dead burned magnesia is still relatively large, and the output of ordinary fused magnesia is still much larger than the sales volume; the price of jumping off the building still exists in the market. Excessive mining of magnesite, overcapacity, serious imbalance of supply and demand in the magnesia market, etc., have always been problems faced by the entire industry but difficult to solve.

According to the company's feedback, the foreign market is feeling better, the export volume is more than before, and the price is relatively stable.

In July and August, the weather in Liaoning was hot, but the magnesia market was not as enthusiastic as the weather. Coupled with the lack of demand, everyone's enthusiasm was not high. In the first half of the year, the export of magnesia was weakened due to the impact of the epidemic. In the second half of the year, if the overseas epidemic situation can be effectively controlled and there is a possibility of replenishment in the export market, we will work together, persist together, and look forward to it together!